General Electric signs deal with Iraq's Electricity Ministry
The US industrial giant's announcement came before Iraqi Prime Minister Mustafa al-Kadhimi visited the White House.
General Electric has signed two agreements with Iraq’s Electricity Ministry. The deals with the US conglomerate could help resolve some of Iraq’s chronic electricity problems and came shortly before Iraqi Prime Minister Mustafa al-Kadhimi visited the White House.
Under the agreements, which are worth more than $1.2 billion, GE will perform maintenance work on Iraqi power plants and bolster the country's transmission network, Reuters reported Wednesday.
There were other deals between US companies and Iraq announced Wednesday as Iraqi leaders visited Washington, including an agreement with the American energy giant Chevron involving exploration of the Nasiriya oil field in the south.
Foreign Minister Fuad Hussein held a press conference with US Secretary of State of Mike Pompeo on Wednesday. Today, Kadhimi met with US President Donald Trump in the Oval Office. Iraq’s leader praised the contracts his government inked with US companies.
